How's this plan..

#1
Lumpsum 3L
Start SIP of 25000 pm
Target 10L+ in 2 yrs

Plan...
Put the lumpsum in a debt fund or FD for 2 yrs ?
Start SIP in a diversified/large cap fund for a year.
Switch fund basis yearly performance as probably year 2 generally dips.

Your views ??
Thanks
 

Subhadip

Well-Known Member
#2
Lumpsum 3L
Start SIP of 25000 pm
Target 10L+ in 2 yrs

Plan...
Put the lumpsum in a debt fund or FD for 2 yrs ?
Start SIP in a diversified/large cap fund for a year.
Switch fund basis yearly performance as probably year 2 generally dips.

Your views ??
Thanks
Fd???

never..go for debt fund....
 
#5
Lumpsum 3L
Start SIP of 25000 pm
Target 10L+ in 2 yrs

Plan...
Put the lumpsum in a debt fund or FD for 2 yrs ?
Start SIP in a diversified/large cap fund for a year.
Switch fund basis yearly performance as probably year 2 generally dips.

Your views ??
Thanks
Your target is very tough though I am not saying it can't be achieved. If you increase your SIP to 35000 a month and then for next two years if market goes just like this and our Govt. remain same (seeing in next two years Center elections are coming as well) then yes it can be achieved.

I would say don't go for FD as their rates are low these days, go for debt fund at least they will give you 11% return in 2 yrs.
And while selecting fund consider Small and Mid cap as well they have a good %age of return too.
 

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